Mr. Alan Carter reports

CABRAL GOLD ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT FOR UPDATED PREFEASIBILITY STUDY ON THE GOLD-IN-OXIDE STARTER OPERATION AT THE CUIU CUIU GOLD PROJECT, BRAZIL

Cabral Gold Inc. has filed a National Instrument 43-101 technical report for the updated prefeasibility study on the gold-in-oxide starter operation at the Cuiu Cuiu gold project in the Para state, north-central Brazil. The report can be found under the company's profile on SEDAR+ and on the company's website.

The results of the report were originally presented in a news release dated July 29, 2025, which is also available for review on SEDAR+ and on the company's website. There are no material differences between the results announced in the news release and the results in the report.

Options

Cabral's board of directors has also approved the granting of stock options pursuant to the plan. The stock options entitle the holders to purchase a total of 1,475,000 common shares in the capital stock of the company at a price of 45 cents per common share. The grant includes 400,000 stock options granted to one independent director and 1,075,000 stock options granted to six employees and consultants. The stock options are exercisable for five years and are subject to vesting over 24 months.

About Cabral Gold Inc.

The company is a junior resource company engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil. The company has a 100-per-cent interest in the Cuiu Cuiu gold district located in the Tapajos region within the state of Para in northern Brazil. Three main gold deposits have so far been defined at the Cuiu Cuiu project, which contain National Instrument-compliant indicated resources of 12.29 million tonnes of 1.14 grams per tonne gold (450,200 ounces) in fresh basement material and 13.56 Mt of 0.50 g/t gold (216,182 ounces) in oxide material. The project also contains inferred resources of 13.63 Mt of 1.04 g/t gold (455,100 oz) in fresh basement material and 6.4 Mt of 0.34 g/t gold (70,569 oz) in oxide material. The resource estimate for the primary material is based on the NI 43-101 technical report dated Oct. 12, 2022. The resource estimate for the oxide material at PDM and MG is based on an NI 43-101 technical report dated Oct. 21, 2024. The resource estimate for the oxide material at Central and Machichie is based on the results of the report dated July 29, 2025.

The Tapajos gold province is the site of the largest gold rush in Brazil's history, which according to the ANM (Agencia Nacional de Mineracao or National Mining Agency of Brazil) produced an estimated 30 million to 50 million ounces of placer gold between 1978 and 1995. Cuiu Cuiu was the largest area of placer workings in the Tapajos and produced an estimated two million ounces of placer gold historically.

Technical information included in this release was supervised and approved by Brian Arkell, BS in geology and MS in economic geology, SME (registered member), AusIMM (fellow) and SEG (fellow), Cabral Gold's vice-president, exploration and technical services, and a qualified person under National Instrument 43-101.

We seek Safe Harbor.